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The pause on student loan payments is ending. Can borrowers find room in their budgets?

Published Wed, 26 Feb 2025 10:14:45 GMT

WASHINGTON (AP) — In a good month, Celina Chanthanouvong has about $200 left after rent, groceries and car insurance. That doesn’t factor in her student loans, which have been on hold since the start of the pandemic and are estimated to cost $300 a month. The pause in repayment has been a lifeline keeping the 25-year-old afloat.“I don’t even know where I would begin to budget that money,” said Chanthanouvong, who works in marketing in San Francisco.Now, after more than three years, the lifeline is being pulled away.More than 40 million Americans will be on the hook for federal student loan payments starting in late August under the terms of a debt ceiling deal approved by Congress last week. The Biden administration has been targeting that timeline for months, but the deal ends any hope of a further extension of the pause, which has been prolonged while the Supreme Court decides the president’s debt cancellation.Without cancellation, the Education Department predicts borrowers will ...

Catalytic converter thieves target auto dealership in Cerritos

Published Wed, 26 Feb 2025 10:14:45 GMT

Video captured the moment catalytic converter thieves threw car parts at a car dealership security guard in Cerritos.  The incident happened at around 6 a.m. on Sunday at the Cerritos Mitsubishi dealer and service center located at 10944 South Street in Cerritos.  The night guard, Jaero Barba, spotted the suspects, and after calling police, he drove around the lot in his car, honking his horn to distract them, he told KTLA. That’s when the men can be seen getting aggressive.  Video shows the suspects throwing side mirrors they had broken off customer vehicles that were at the guard’s car. Then, one of the suspects threw a catalytic converter at his car and shattered the window.  The dealership’s service director, Rigo LaFontaine, said the thefts are an ongoing problem. “This year alone we’ve been hit three, maybe four times and last year, I want to say at least another four times,” he tells KTLA.  LaFontaine said the thieves are quick too, able to steal four catalytic...

VIDEO: Family-owned Redwood City bike shop has $50K in inventory stolen

Published Wed, 26 Feb 2025 10:14:45 GMT

REDWOOD CITY, Calif. (KRON) – A small, family-owned Redwood City business lost $50,000 worth of inventory after an early morning break-in. Video from early Thursday morning shows several men walking up to Chain Reaction Bicycles, located at 1680 El Camino Real, and using a crowbar to break open the front door.“It was just absolutely crazy. We’ve never seen anything like this, and we’ve been in business for 40 years,” said Becky Jacoubowsky. Becky and Kevin Jacoubowsky are sales managers at the shop that is owned by their father and uncle. They say they grew up in the store and they call the place their home. Prison sentence announced for man who sold deadly batch of fentanyl They say there have been some minor break-ins over the past four decades, but nothing like this.“We had six e-bikes and one high-end road bike and that totaled over 50 thousand dollars,” Kevin said. The men are seen in the security video wheeling out the bikes. They put them in a rented U-haul truck ...

SF leaders consider pause on cannabis shop applications

Published Wed, 26 Feb 2025 10:14:45 GMT

SAN FRANCISCO (KRON) – San Francisco supervisors are considering a pause on applications for new cannabis shops for the next three years. The ordinance passed its first reading unanimously on Tuesday afternoon.KRON4 spoke with three men who own separate companies in the cannabis industry in San Francisco. Those in favor of the pause say this would give the shops already open a chance to survive."Yeah, I think there needs to be a pause,” said California Street Cannabis Co. Partner Duncan Ley. “We need to support the businesses that have been there and give them an opportunity to succeed." Novato police searching for bank robbery suspect “I think the general cannabis market has experienced a downward trend,” said Ali Jamalian, who is on the San Francisco Department of Cannabis Control Advisory Committee and founded Sunset Connect. “We have a ton of applications in the pipeline that are already going to be able to serve neighborhoods.""I think some of those owners are trying to monop...

Mariners beat Padres 4-1 to snap a 3-game losing streak

Published Wed, 26 Feb 2025 10:14:45 GMT

SAN DIEGO (AP) — Logan Gilbert pitched seven strong innings, Teoscar Hernández and Julio Rodriguez homered and the Seattle Mariners beat the San Diego Padres 4-1 on Tuesday night to snap a three-game losing streak.“Awesome outing. He was on top of them all night long,” Servais said about Gilbert. “It starts with the fastball. When you are commanding it early in the game you get respect from the other team with your fastball and that is what he did tonight.”Gilbert (4-3) allowed one run and three hits and had six strikeouts to help the Mariners win for only the second time in seven games.“They (Padres) have good names all throughout the order, so you can’t really let your guard down,” Gilbert said. “Just trying to execute and make those big pitches when I needed to and I felt like tonight I did a pretty good job of that.”Hernández hit a solo home run to center in the sixth off reliever Brent Honeywell (2-3) to give Seattle a 2-1 lead. Rodriguez hit a sol...

Ohtani homers, Trout comes up big in Angels’ 7-4 win over Cubs

Published Wed, 26 Feb 2025 10:14:45 GMT

ANAHEIM, Calif. (AP) — Mike Trout and Matt Thaiss delivered two-run singles during the Angels’ five-run fifth inning, and Shohei Ohtani hit his 16th homer in Los Angeles’ 7-4 victory over the Chicago Cubs on Tuesday night.Taylor Ward also homered for the Halos, who opened their six-game homestand by overcoming an early 4-0 deficit and matching their biggest comeback of the season to begin the Cubs’ first visit to Angel Stadium since 2016.“I thought our at-bats were a lot better tonight,” Angels manager Phil Nevin said. “It’s a contagious thing. You keep passing the baton.”Ohtani’s fourth-inning solo homer was the Angels’ first hit, but the umpires didn’t immediately realize his blast had cleared the yellow line on the right-field fence, forcing Ohtani to sprint to third.Mike Tauchman had a two-run single and Matt Mervis followed with a two-run double in the second inning for the Cubs, who have lost four of six. Chicago is 2-3 on its 10-game California road trip.Tyler And...

Hudson takes over at Qatari club a week after quitting American job

Published Wed, 26 Feb 2025 10:14:45 GMT

DOHA, Qatar (AP) — Anthony Hudson has agreed a two-year deal to guide Al Markhiya in the Qatari soccer league a week after quitting as interim head coach of the U.S. men’s national team. The club posted confirmation of the two-year contract on its social media platforms late Wednesday, saying Hudson’s immediate goal is to help Al Markhiya improve on the seventh-place finish it achieved in its first season after promotion to the Qatar Stars League.Hudson quit as interim head coach of the U.S. men’s team last week, just two weeks before he was to lead the Americans in the CONCACAF Nations League semifinals.He was replaced by B.J. Callaghan. At the time, the U.S. Soccer Federation said Hudson was taking a job with a club but not identify the team or the role.Hudson had been appointed to the U.S. job on Jan. 4, and guided the Americans to two wins, one loss and two draws. His five games were the fewest for a U.S. coach since John Kowalski in 1991.___More AP soccer: https://apnews.com/hu...

Detienen a una mujer 4 días después de que Ajike Owens recibiera un disparo mortal tras llamar a la puerta de su vecino. Esto es lo que sabemos

Published Wed, 26 Feb 2025 10:14:45 GMT

(CNN) — Una mujer fue detenida este martes por la noche en relación con la muerte de Ajike “AJ” Owens, de 35 años, que recibió un disparo mortal la semana pasada en el centro de Florida tras llamar a la puerta de un vecino, informó un portavoz de la oficina del sheriff.El sheriff del condado de Marion, Billy Woods, dijo a los periodistas este lunes que su oficina estaba investigando rigurosamente el caso, y que las autoridades estaban trabajando para determinar “si la fuerza letal estaba justificada o no”.El fiscal jefe asistente del circuito judicial 5 del estado, Walter Forgie, dijo a CNN más temprano este martes que la oficina está trabajando con el departamento del sheriff en la investigación y una “pronta decisión de acusación” se haría “una vez que todas las pruebas se han recogido y analizado”.Una mujer negra madre de cuatro hijos fue asesinada a tiros por una vecina, que no fue detenidaLos familiares de Owens dijeron que ...

POLITICO Pro Morning Central Banker: Surprise inflation — March settlement mayhem — Canada conundrum

Published Wed, 26 Feb 2025 10:14:45 GMT

Our one-stop source for central banking & monetary policy news.View in your browser or listen to audioBy GEOFFREY SMITHwith ANJULI DAVIES, BEN MUNSTER and IZABELLA KAMINSKASNEAK PEEK— Eurozone consumers give ECB the benefit of the doubt.— The ECB’s Target2 securities annual report points to possible March settlement mayhem.— The truth is out there, but is it being priced into global liquidity? POLICY TICKERECB 3.75% ⇡ — BOE 4.5% ⇡ — FED 5.35% ⇡— SNB 1.5% ⇡— BOJ -0.10% ⇣— RBA 4.10% ⇡— PBOC 3.65%⇣— CBR 7.5% ⇣ — SARB 8.25% ⇡Good morning and welcome to Wednesday. What we want to know this morning: Is the European Central Bank going to get away with a “surprise inflation” episode? The textbooks and gut instinct tell us ‘no’, but the data is starting to look as though it might. Send tips to [email protected], [email protected], [email protected], [email protected]. Tweet us, too: @Geoffreytsmith, @JohannaTreeck, @Ben_Munst...

Waters continue to swell as flooded southern Ukraine copes with day after dam breach

Published Wed, 26 Feb 2025 10:14:45 GMT

KHERSON, Ukraine (AP) — Residents of southern Ukraine braced for a second day of swelling floodwaters on Wednesday as authorities warned that a Dnieper River dam breach would continue to unleash pent-up waters from a giant reservoir. Officials said waters were expected to rise further following Tuesday’s dramatic rupture of the Kakhovka dam about 70 kilometers (44 miles) to the east of the city of Kherson, but were slowing.Ukraine accused Russian forces of blowing up the dam and adjoining hydroelectric power station, which sits in an area Moscow has controlled for more than a year. Russian officials blamed Ukrainian bombardment in the contested area, where the river separates the two sides.Residents sloshed through knee-deep waters in their inundated homes as videos posted on social media showed rescue workers carrying people to safety and an aerial video of waters filling the streets of Russian-controlled Nova Kakhovska on the eastern side of the river. In Ukrainian-controlled area...